With its traditional January trading update, Pearson reiterated its Fall FY15e guidance for an adjusted OP of £720m (AV: £710m) and EPS of between 69p and 70p (AV: 68.5p). The positive was the decision to maintain the final dividend (at 34p; we had expected a cut to 30.6p) giving a total dividend for FY15 of 52p, up 2%. As widely expected by the market, the group announced further significant restructuring measures, expected to be completed by the middle of this year and targeted
21 Jan 2016
Sharper strategic focus ahead
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Sharper strategic focus ahead
Pearson PLC (PSON:LON) | 993 21.8 0.2% | Mkt Cap: 6,789m
- Published:
21 Jan 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
With its traditional January trading update, Pearson reiterated its Fall FY15e guidance for an adjusted OP of £720m (AV: £710m) and EPS of between 69p and 70p (AV: 68.5p). The positive was the decision to maintain the final dividend (at 34p; we had expected a cut to 30.6p) giving a total dividend for FY15 of 52p, up 2%. As widely expected by the market, the group announced further significant restructuring measures, expected to be completed by the middle of this year and targeted